Your Guide to Thriving in Vancouver's Hot Real Estate Market

Exciting news for homeowners in Vancouver! The real estate market is continuing to heat up this spring, with prices for houses and condos on the rise. With benchmark prices for detached homes now over $2 million and condos over $700,000, it's a great time to sell if you're thinking about it.  However, buyers may need to act quickly as inventory remains low and competition is fierce. The pandemic has played a role in driving demand for housing in Vancouver, as more people are looking for larger homes or more outdoor space. Plus, the Bank of Canada held its benchmark interest rate at 4.5%. 

At Noble, we're here to help you navigate this competitive market and make informed decisions. We’re just one call/ text away!